As global demand for the minerals and metals needed for transitioning to a low-carbon future increases, British Columbia (B.C.) is at the forefront, with more than 1,100 global exploration and mining companies headquartered in Vancouver.
B.C.’s abundant mountains and river valleys contain a variety of minerals in global demand – from copper and molybdenum to gold and silver. Our mining companies have adopted high tech and clean tech solutions to minimize waste. First Nations governments, industries, and communities throughout B.C. are working together to support innovative and responsible mineral exploration.
The mining sector of B.C. is rich with raw materials as well as global opportunities.
B.C. is a world-class mining jurisdiction with 16 of Canada’s 31 critical minerals and it is Canada’s largest copper and only molybdenum producer. Companies in B.C. produce precious metals and raw materials needed for the global market; from aluminum, zinc, gold, silver, copper, gypsum, limestone, and molybdenum to name a few.
Mines in British Columbia leverage efficient supply chains and superior transportation linkages and the shortest sea route between North America and Asia. Our ports reduce the shipping costs for mineral resources destined for Asia. British Columbia is a gateway on the west coast of the Americas served by three Class 1 railways.
B.C. mines are implementing electrification and energy efficiency initiatives, forecasted to slash greenhouse gas emissions by over 107,000 tonnes C02e by 2030. Over 98 percent of electricity in B.C. originates from renewable sources, providing reliable, environmentally sustainable power at rates that are among the lowest in North America.
B.C.’s universities, colleges and trade schools offer advanced training in mining professions. As a result, we have the best-educated mining experts in Canada including geologists, engineers, prospectors, metallurgists, and essayers that produce innovative mining methods.
B.C.’s Critical Minerals Strategy is being developed through an inclusive, collaborative and data-driven approach informed by First Nations engagement, public engagement, economic analysis and the work of a multi-sectoral Critical Minerals Advisory Committee.
There are many incentives to encourage business investment and innovation. Royalty credits, tax credits and refunds are available for research development, machinery and equipment investment, and other sector-specific activities.
B.C. is one of Canada’s first provinces to enact mine reclamation legislation, creating new business opportunities to help mine operations return land to a safe and environmentally sound state.
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